[SOLVED] Successful Domestic Company Goes Global!.
Successful Domestic Company Goes Global!
Scenario
You are the CEO of a successful domestic company. Recently, many prospective clients in foreign countries have expressed a desire to conduct business with you. You know that in order for your company to grow, you will have to expand overseas. You recently attended a local three-day international trade exposition and have gathered many brochures on the foreign companies interested in doing business with your company.
After meeting with your executive committee, you decide that you will need to identify at least two countries for expansion and two expatriates to send into those countries. The selected expatriates will learn about the countries’ cultures and business activities. You must prepare a report for the employees who may want to take an overseas assignment, the executive committee, and the board of directors.
Prepare
Use the Internet and Strayer Library to research possible countries for expansion. Next, conduct research on leveraging expatriates over country nationals for business overseas. Finally, research texts that could help expatriates in their transition to working overseas.
Instructions
Note: You may make all assumptions needed to complete this assignment.
Write an 8–10-page paper in which you:
- Create a guide to leveraging expatriates.
- The guide should include 4–6 sources that address benefits and challenges of sending expatriates to other countries.
- Examine the major benefits that this report can provide for the organization.
- Suggest two uses for the information contained therein. Justify your response.
- Analyze the major factors (distance, cultural background, knowledge of the related countries, languages spoken, relatives who may live in another country, etc.) that would influence your choice of countries into which your company would expand.
- Recommend two countries for expansion. Provide a rationale for your response.
- Determine three criteria that you would consider when deciding which employees to send abroad. Justify your response.
- Propose the major methods and/or incentives you would use to encourage the selected employees to become expatriates. Provide a rationale for your response.
- Recommend one strategy to ensure that both the executive committee and the board of directors are committed to the expansions. Justify your response.
- Recommend two texts that the selected expatriates should take overseas with them. Provide a rationale for your response.
Unacceptable
Needs Improvement
Competent
Exemplary
Create a guide to leveraging expatriates, including 4–6 sources that address benefits and challenges of sending expatriates to other countries.
Points:
0 (0.00%)
Did not submit or incompletely compared and contrasted the three models of culture. Did not submit or incompletely ascertained the most appropriate cultural model for the chosen international competitor. Did not submit or did not provide a rationale for your response.
Points:
14.25 (7.50%)
Partially compared and contrasted the three models of culture. Partially ascertained the most appropriate cultural model for the chosen international competitor. Partially provided a rationale for your response.
Points:
16.15 (8.50%)
Satisfactorily compared and contrasted the three models of culture. Satisfactorily ascertained the most appropriate cultural model for the chosen international competitor. Satisfactorily provided a rationale for your response.
Points:
19 (10.00%)
Thoroughly compared and contrasted the three models of culture. Thoroughly ascertained the most appropriate cultural model for the chosen international competitor. Thoroughly provided a rationale for your response.
Examine the major benefits that this report can provide for the organization and suggest two uses for the information contained therein. Justify your response.
Points:
0 (0.00%)
Did not submit or incompletely recommended the type of economic system that best relates to each of the researched international competitors. Did not submit or incompletely identified three potential effects of such an economic system on the society in which the system is involved. Did not submit or incompletely provided a rationale for your response.
Points:
14.25 (7.50%)
Partially recommended the type of economic system that best relates to each of the researched international competitors. Partially identified three potential effects of such an economic system on the society in which the system is involved. Partially provided a rationale for your response.
Points:
16.15 (8.50%)
Satisfactorily recommended the type of economic system that best relates to each of the researched international competitors. Satisfactorily identified three potential effects of such an economic system on the society in which the system is involved. Satisfactorily provided a rationale for your response.
Points:
19 (10.00%)
Thoroughly recommended the type of economic system that best relates to each of the researched international competitors. Thoroughly identified three potential effects of such an economic system on the society in which the system is involved. Thoroughly provided a rationale for your response.
Analyze the major factors (distance, cultural background, knowledge of the related countries, languages spoken, relatives who may live in another country, etc.) that would influence your choice of countries into which your company would expand. Recommend two countries for expansion. Provide a rationale for your response.
Points:
0 (0.00%)
Did not submit or incompletely speculated on the major reasons why certain countries have lagged behind other countries in economic development. Did not submit or incompletely recommended three generic actions that the three researched major competitors could take to encourage economic progress in these countries. Did not submit or incompletely provided a rationale for your response.
Points:
14.25 (7.50%)
Partially speculated on the major reasons why certain countries have lagged behind other countries in economic development. Partially recommended three generic actions that the three researched major competitors could take to encourage economic progress in these countries. Partially provided a rationale for your response.
Points:
16.15 (8.50%)
Satisfactorily speculated on the major reasons why certain countries have lagged behind other countries in economic development. Satisfactorily recommended three generic actions that the three researched major competitors could take to encourage economic progress in these countries. Satisfactorily provided a rationale for your response.
Points:
19 (10.00%)
Thoroughly speculated on the major reasons why certain countries have lagged behind other countries in economic development. Thoroughly recommended three generic actions that the three researched major competitors could take to encourage economic progress in these countries. Thoroughly provided a rationale for your response.
Determine three criteria that you would consider when deciding which employees to send abroad. Justify your response.
Points:
0 (0.00%)
Did not select one of the three researched international companies to lead or incompletely provided a rationale for your choice. Did not submit or incompletely proposed the necessary major steps that you would need to take to propel you from where you are today to a global leadership or management position at your chosen company.
Points:
7.125 (3.75%)
Selected one of the three researched international companies to lead and partially provided a rationale for your choice. Partially proposed the necessary major steps that you would need to take to propel you from where you are today to a global leadership or management position at your chosen company.
Points:
8.075 (4.25%)
Selected one of the three researched international companies to lead and satisfactorily provided a rationale for your choice. Satisfactorily proposed the necessary major steps—including education, social development, community activities, bargaining skills, language skills, conflict management skills, etc.— that you would need to take to propel you from where you are today to a global leadership or management position at your chosen company.
Points:
9.5 (5.00%)
Selected one of the three researched international companies to lead and thoroughly provided a rationale for your choice. Thoroughly proposed the necessary major steps—including education, social development, community activities, bargaining skills, language skills, conflict management skills, etc.— that you would need to take to propel you from where you are today to a global leadership or management position at your chosen company.
Propose the major methods and/or incentives you would use to encourage the selected employees to become expatriates. Provide a rationale for your response.
Points:
0 (0.00%)
Did not submit or incompletely suggested two global changes in expansion, technology, marketing, products, services, human resources, and customer service, etc., that you would make as CEO of the selected international organization from Question 4. Did not submit or incompletely provided a rationale for your response.
Points:
14.25 (7.50%)
Partially suggested two global changes in expansion, technology, marketing, products, services, human resources, and customer service, etc., that you would make as CEO of the selected international organization from Question 4. Partially provided a rationale for your response.
Points:
16.15 (8.50%)
Satisfactorily suggested two global changes in expansion, technology, marketing, products, services, human resources, and customer service, etc., that you would make as CEO of the selected international organization from Question 4. Satisfactorily provided a rationale for your response.
Points:
19 (10.00%)
Thoroughly suggested two global changes in expansion, technology, marketing, products, services, human resources, and customer service, etc., that you would make as CEO of the selected international organization from Question 4. Thoroughly provided a rationale for your response.
Recommend one strategy to ensure that both the executive committee and the board of directors are committed to the expansions. Justify your response.
Points:
0 (0.00%)
Did not submit or incompletely recommended one strategy to ensure that both the executive committee and the board of directors are committed to the expansions. Did not submit or incompletely justified your response.
Points:
7.125 (3.75%)
Partially recommended one strategy to ensure that both the executive committee and the board of directors are committed to the expansions. Partially justified your response.
Points:
8.075 (4.25%)
Satisfactorily recommended one strategy to ensure that both the executive committee and the board of directors are committed to the expansions. Satisfactorily justified your response.
Points:
9.5 (5.00%)
Thoroughly recommended one strategy to ensure that both the executive committee and the board of directors are committed to the expansions. Thoroughly justified your response.
Recommend two texts that the selected expatriates should take overseas with them. Provide a rationale for your response.
Points:
0 (0.00%)
Did not submit or incompletely recommended two texts that the selected expatriates should take overseas with them. Did not submit or incompletely provided a rationale for your response.
Points:
7.125 (3.75%)
Partially recommended two texts that the selected expatriates should take overseas with them. Partially provided a rationale for your response.
Points:
8.075 (4.25%)
Satisfactorily recommended two texts that the selected expatriates should take overseas with them. Satisfactorily provided a rationale for your response.
Points:
9.5 (5.00%)
Thoroughly recommended two texts that the selected expatriates should take overseas with them. Thoroughly provided a rationale for your response.
Outline a guide for expatriates who will live abroad for 1–2 years, covering selecting items to pack, accommodating a vehicle (leave behind or send overseas), shipping or selling furniture, moving pets, and arranging accommodations for family living in another country for the duration of their stay.
Points:
0 (0.00%)
Did not submit or incompletely outlined a guide for expatriates who will live abroad for 1–2 years, covering selecting items to pack, accommodating a vehicle (leave behind or send overseas), shipping or selling furniture, moving pets, and arranging accommodations for family living in another country for the duration of their stay.
Points:
14.25 (7.50%)
Partially outlined a guide for expatriates who will live abroad for 1–2 years, covering selecting items to pack, accommodating a vehicle (leave behind or send overseas), shipping or selling furniture, moving pets, and arranging accommodations for family living in another country for the duration of their stay.
Points:
16.15 (8.50%)
Satisfactorily outlined a guide for expatriates who will live abroad for 1–2 years, covering selecting items to pack, accommodating a vehicle (leave behind or send overseas), shipping or selling furniture, moving pets, and arranging accommodations for family living in another country for the duration of their stay.
Points:
19 (10.00%)
Thoroughly outlined a guide for expatriates who will live abroad for 1–2 years, covering selecting items to pack, accommodating a vehicle (leave behind or send overseas), shipping or selling furniture, moving pets, and arranging accommodations for family living in another country for the duration of their stay.
Develop a framework for your presentation that includes relevant visuals.
Points:
0 (0.00%)
Did not submit or incompletely developed a framework for your presentation that includes relevant visuals.
Points:
2.85 (1.50%)
Partially developed a framework for your presentation that includes relevant visuals.
Points:
3.23 (1.70%)
Satisfactorily developed a framework for your presentation that includes relevant visuals.
Points:
3.8 (2.00%)
Thoroughly developed a framework for your presentation that includes relevant visuals.
Develop a framework for your presentation that includes statistics supporting the decision to expand into the identified countries.
Points:
0 (0.00%)
Did not submit or incompletely developed a framework for your presentation that includes statistics supporting the decision to expand into the identified countries.
Points:
2.85 (1.50%)
Partially developed a framework for your presentation that includes statistics supporting the decision to expand into the identified countries.
Points:
3.23 (1.70%)
Satisfactorily developed a framework for your presentation that includes statistics supporting the decision to expand into the identified countries.
Points:
3.8 (2.00%)
Thoroughly developed a framework for your presentation that includes statistics supporting the decision to expand into the identified countries.
Develop a framework for your presentation that includes a feasibility study of your company’s proposed expansion to the identified countries.
Points:
0 (0.00%)
Did not submit or incompletely developed a framework for your presentation that includes a feasibility study of your company’s proposed expansion to the identified countries.
Points:
2.85 (1.50%)
Partially developed a framework for your presentation that includes a feasibility study of your company’s proposed expansion to the identified countries.
Points:
3.23 (1.70%)
Satisfactorily developed a framework for your presentation that includes a feasibility study of your company’s proposed expansion to the identified countries.
Points:
3.8 (2.00%)
Thoroughly developed a framework for your presentation that includes a feasibility study of your company’s proposed expansion to the identified countries.
Develop a framework for your presentation that includes information related to renting or buying land or a building.
Points:
0 (0.00%)
Did not submit or incompletely developed a framework for your presentation that includes information related to renting or buying land or a building.
Points:
2.85 (1.50%)
Partially developed a framework for your presentation that includes information related to renting or buying land or a building.
Points:
3.23 (1.70%)
Satisfactorily developed a framework for your presentation that includes information related to renting or buying land or a building.
Points:
3.8 (2.00%)
Thoroughly developed a framework for your presentation that includes information related to renting or buying land or a building.
Develop a framework for your presentation that includes any other information relevant to the case for expansion.
Points:
0 (0.00%)
Did not submit or incompletely developed a framework for your presentation that includes any other information relevant to the case for expansion.
Points:
2.85 (1.50%)
Partially developed a framework for your presentation that includes any other information relevant to the case for expansion.
Points:
3.23 (1.70%)
Satisfactorily developed a framework for your presentation that includes any other information relevant to the case for expansion.
Points:
3.8 (2.00%)
Thoroughly developed a framework for your presentation that includes any other information relevant to the case for expansion.
Three references.
Points:
0 (0.00%)
No references provided.
Points:
7.125 (3.75%)
Does not meet the required number of references; some or all references are poor-quality choices.
Points:
8.075 (4.25%)
Meets the required number of references; all references are high-quality choices.
Points:
9.5 (5.00%)
Exceeds the required number of references; all references are high-quality choices.
Writing mechanics, grammar, and formatting.
Points:
0 (0.00%)
Serious and persistent errors in grammar, spelling, punctuation, or formatting.
Points:
7.125 (3.75%)
Partially free of errors in grammar, spelling, punctuation, or formatting.
Points:
8.075 (4.25%)
Mostly free of errors in grammar, spelling, punctuation, or formatting.
Points:
9.5 (5.00%)
Error-free or almost error-free grammar, spelling, punctuation, or formatting.
Appropriate use of SWS in-text citations and reference section.
Points:
0 (0.00%)
Lack of in-text citations and/or lack of reference section.
Points:
7.125 (3.75%)
In-text citations and references are provided, but they are only partially formatted correctly in SWS style.
Points:
8.075 (4.25%)
Most in-text citations and references are provided, and they are generally formatted correctly in SWS style.
Points:
9.5 (5.00%)
In-text citations and references are error free or almost error free and consistently formatted correctly in SWS style.
Information literacy and integration of sources.
Points:
0 (0.00%)
Serious errors in the integration of sources, such as intentional or accidental plagiarism, or failure to use in-text citations.
Points:
7.125 (3.75%)
Sources are partially integrated, using effective techniques of quoting, paraphrasing, and summarizing.
Points:
8.075 (4.25%)
Sources are mostly integrated, using effective techniques of quoting, paraphrasing, and summarizing.
Points:
9.5 (5.00%)
Sources are consistently integrated, using effective techniques of quoting, paraphrasing, and summarizing.
Clarity and coherence of writing.
Points:
0 (0.00%)
Information is confusing to the reader and fails to include reasons and evidence that logically support ideas.
Points:
7.125 (3.75%)
Information is partially clear with minimal reasons and evidence that logically support ideas.
Points:
8.075 (4.25%)
Information is mostly clear and generally supported with reasons and evidence that logically support ideas.
Points:
9.5 (5.00%)
Information is provided in a clear, coherent, and consistent manner, with reasons and evidence that logically support ideas.
- Outline a guide for expatriates who will live abroad for 1–2 years, covering selecting items to pack, accommodating a vehicle (leave behind or send overseas), shipping or selling furniture, moving pets, and arranging accommodations for family living in another country for the duration of their stay abroad.
- Develop a framework for your presentation. The framework should include the following:
- Relevant visuals.
- Statistics supporting the decision to expand into the identified countries.
- A feasibility study of your company’s proposed expansion to the identified countries.
- Information related to renting or buying land or a building.
- Any other information relevant to the case for expansion.
- Use at least four quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
- Create a global expansion strategy that addresses leveraging expatriates and ensuring commitment from leadership.
